Filed May 28, 2019 (most recent of 2 filings on file)
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,127 | $91,198-58.2% | $178,503-78.6% | $79,856-52.3% |
| Participation rate | 100.0% | 69.2%+30.8pp | 81.9%+18.1pp | 69.6%+30.4pp |
| Annual return | 16.75% | 24.20%-7.4pp | 151.12%-134.4pp | 31.71%-15.0pp |
| Employer contribution / active EE | $3,032 | $3,257-6.9% | $5,011-39.5% | $2,471+22.7% |
| Participant deferral / active EE | $7,929 | $3,237+145.0% | $5,202+52.4% | $3,741+112.0% |
| Admin fee / account holder | $3,942 | $6,748-41.6% | $13,987-71.8% | $5,306-25.7% |